Civic Intelligence

Downtown Gadsden Inc.

990EZ • Fiscal year 2020 • EIN 63-1086636

Jan 01, 2020 to Dec 31, 2020 • Filed on May 11, 2021

PO Box 8501Gadsden, AL 35902

(256) 547-8696

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.16x

Higher debt load relative to assets than 79% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

72nd percentile

0.06x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

60th percentile

12%

Higher net margin than 60% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

95th percentile

$67,893

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 41.6% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

79th percentile

48%

Faster asset growth than 79% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

40th percentile

-25%

Faster revenue growth than 40% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$61,810

Up $20,084 (+48%) from 2019

Net Assets

Up

$51,909

Up $19,756 (+61%) from 2019

Liabilities

Up

$9,901

Up $328 (+3.4%) from 2019

Revenue

Down

$163,384

Down $55,537 (-25%) from 2019

Expenses

Down

$143,628

Down $74,605 (-34%) from 2019

Net Income

Up

$19,756

Up $19,068 (+2772%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2011: $31,644Liabilities 2011: $2,6932011Assets 2012: $33,637Liabilities 2012: $4,528Net Assets 2012: $29,1092012Assets 2013: $34,542Liabilities 2013: $5,440Net Assets 2013: $29,1022013Assets 2014: $38,149Liabilities 2014: $9,077Net Assets 2014: $29,0722014Assets 2015: $33,319Liabilities 2015: $4,522Net Assets 2015: $28,7972015Assets 2016: $38,381Liabilities 2016: $7,687Net Assets 2016: $30,6942016Assets 2017: $39,552Liabilities 2017: $7,472Net Assets 2017: $32,0802017Assets 2018: $40,683Liabilities 2018: $9,218Net Assets 2018: $31,4652018Assets 2019: $41,726Liabilities 2019: $9,573Net Assets 2019: $32,1532019Assets 2020: $61,810Liabilities 2020: $9,901Net Assets 2020: $51,9092020Assets 2021: $64,009Liabilities 2021: $8,709Net Assets 2021: $55,3002021Assets 2022: $80,474Liabilities 2022: $6,255Net Assets 2022: $74,2192022Assets 2023: $76,348Liabilities 2023: $3,464Net Assets 2023: $72,8842023Assets 2024: $74,680Liabilities 2024: $3,427Net Assets 2024: $71,2532024

Highlighted filing

2020

Assets$61,810
Liabilities$9,901
Net Assets$51,909

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $152,470Expenses 2011: $151,430Net Income 2011: $1,0402011Revenue 2012: $161,273Expenses 2012: $161,115Net Income 2012: $1582012Revenue 2013: $156,978Expenses 2013: $156,985Net Income 2013: -$72013Revenue 2014: $165,177Expenses 2014: $165,207Net Income 2014: -$302014Revenue 2015: $164,444Expenses 2015: $164,719Net Income 2015: -$2752015Revenue 2016: $240,606Expenses 2016: $238,709Net Income 2016: $1,8972016Revenue 2017: $206,492Expenses 2017: $205,106Net Income 2017: $1,3862017Revenue 2018: $255,616Expenses 2018: $256,231Net Income 2018: -$6152018Revenue 2019: $218,921Expenses 2019: $218,233Net Income 2019: $6882019Revenue 2020: $163,384Expenses 2020: $143,628Net Income 2020: $19,7562020Revenue 2021: $160,520Expenses 2021: $157,129Net Income 2021: $3,3912021Revenue 2022: $193,240Expenses 2022: $174,321Net Income 2022: $18,9192022Revenue 2023: $201,684Expenses 2023: $203,019Net Income 2023: -$1,3352023Revenue 2024: $270,824Expenses 2024: $272,455Net Income 2024: -$1,6312024

Highlighted filing

2020

Revenue$163,384
Expenses$143,628
Net Income$19,756
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 11, 2021
Return Version
2020v4.1
Gross Receipts
$168,995
Mission and Program Overview

Mission

Downtown gadsden revitalization

Program Services

DescriptionGrantsExpenses
WORK WITH PUBLIC AND PRIVATE SECTORS TO REVITALIZE THECENTRAL BUSINESS DISTRICT. ASSIST WITH DESIGN OF HISTORICBUILDING RENOVATION, PROMOTE DOWNTOWN BUSINESS AND PROVIDE ORGANIZATION$0$143,628
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAY MOOREExecutive DirectorFT$67,533$360$67,893
SPENCER WILLIAMSPresident-$0--
LYNN MCCAINVice President-$0--
JUDY RUBELSecretary-$0--
KEVIN PHILLIPSTreasurer-$0--
CATHERINE MARTINDirector-$0--
MICHELE ATKINSDirector-$0--
ALI CAUSEYDirector-$0--
TRIPP COLLINESDirector-$0--
SHANE ELLISONDirector-$0--
JAMI GRIMESDirector-$0--
SYNDEE ISBELLDirector-$0--
JOHN LANGLOISDirector-$0--
RHONDA TURNERDirector-$0--
ERIC WRIGHTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Downtown Gadsden Inc
EIN
63-1086636
Phone
2565478696
Address
PO BOX 8501, GADSDEN, AL 35902

Signing Officer

Name
Kay Moore
Title
Executive Director
Phone
2565478696
Signed
2021-05-11
Discuss with paid preparer
Yes

Preparer

Firm
Parr Consulting LLC
Address
611 SOUTH FOURTH STREET, GADSDEN, AL 35901
Preparer
John a Parr CPA
Phone
2565464059
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The directors are emailed a copy of the 990 and given 10 days to review and ask any questions.

Form 990EZ, Part I, Line 8

Ppp loan forgiveness 17175.

Form 990EZ, Part I, Line 16

ADVERTISING 36440.

Form 990EZ, Part I, Line 16

DEPRECIATION 282.

Form 990EZ, Part I, Line 16

DUES 2120.

Form 990EZ, Part I, Line 16

INSURANCE 1864.

Form 990EZ, Part I, Line 16

MEETINGS 211.

Form 990EZ, Part I, Line 16

MISCELLANEOUS 359.

Form 990EZ, Part I, Line 16

OFFICE 4287.

Form 990EZ, Part I, Line 16

PAYROLL TAXES 6225.

Form 990EZ, Part I, Line 16

TELEPHONE 4348.

Form 990EZ, Part I, Line 16

TRAINING 201.

Form 990EZ, Part I, Line 16

TRAVEL 172.

Form 990EZ, Part I, Line 16

UTILITIES 1380.

Form 990EZ, Part II, Line 24

Office furniture & equipment - net of depreciation 232. 6419.

Form 990EZ, Part II, Line 26

Payroll taxes 6077. 6405.

Form 990EZ, Part II, Line 26

Pitman theater reserve 3496. 3496.

Raw XML Appendix268 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KAY MOORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SPENCER WILLIAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LYNN MCCAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JUDY RUBEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KEVIN PHILLIPS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CATHERINE MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MICHELE ATKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7ALI CAUSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8TRIPP COLLINES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9SHANE ELLISON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10JAMI GRIMES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11SYNDEE ISBELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12JOHN LANGLOIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13RHONDA TURNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm14ERIC WRIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14DIRECTOR
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt06419
IRS990EZ/OtherExpensesTotalAmt057889
IRS990EZ/OtherRevenueTotalAmt017175
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0DOWNTOWN GADSDEN REVITALIZATION
IRS990EZ/PrintingPublicationsPostageAmt0415
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0168995
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DIRECTORS ARE EMAILED A COPY OF THE 990 AND GIVEN 10 DAYS TO REVIEW AND ASK ANY QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PPP LOAN FORGIVENESS 17175.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ADVERTISING 36440.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEPRECIATION 282.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUES 2120.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INSURANCE 1864.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEETINGS 211.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MISCELLANEOUS 359.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OFFICE 4287.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PAYROLL TAXES 6225.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10TELEPHONE 4348.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11TRAINING 201.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12TRAVEL 172.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13UTILITIES 1380.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14OFFICE FURNITURE & EQUIPMENT - NET OF DEPRECIATION 232. 6419.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15PAYROLL TAXES 6077. 6405.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16PITMAN THEATER RESERVE 3496. 3496.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAY MOORE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02565478696
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNTOWN GADSDEN INC
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0631086636
ReturnHeader/Filer/PhoneNum02565478696
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 8501
ReturnHeader/Filer/USAddress/CityNm0GADSDEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035902
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PARR CONSULTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0611 SOUTH FOURTH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GADSDEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035901
ReturnHeader/PreparerPersonGrp/PhoneNum02565464059
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN A PARR CPA
ReturnHeader/ReturnTs02021-07-29T08:34:40-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KAY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MOORE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.75$0.03$0.71$2.71$2.72$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.76$0.03$0.73$2.02$2.03$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.80$0.06$0.74$1.93$1.74$0.19
2021Detailed filing. Detailed filing data is available for this year.$0.64$0.09$0.55$1.61$1.57$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.62$0.10$0.52$1.63$1.44$0.20
2019Detailed filing. Detailed filing data is available for this year.$0.42$0.10$0.32$2.19$2.18$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.41$0.09$0.31$2.56$2.56$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.40$0.07$0.32$2.06$2.05$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.38$0.08$0.31$2.41$2.39$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.33$0.05$0.29$1.64$1.65$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.09$0.29$1.65$1.65$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.05$0.29$1.57$1.57$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.05$0.29$1.61$1.61$0.00
2011Summary only. Only limited summary data is available for this year.$0.32$0.03$1.52$1.51$0.01